NOT LISTED FOR SALE

405 Oak Brook Rd Oak Brook, IL 60523

Estimated Value: $823,000

1.11 Acres
$741,441 Price per Acre
48,352 Sq Ft Lot

Last Sold October 21, 2022

Last sale price $612,500

Est. 34% increase in value since last sale

Current estimated payment $4,759/month

350 Days on Market

About This Lot

As of October 2022

Beautiful acre plus site ready for you to build your dream estate with your own gated entrance to insure privacy and security. Architectural plans are included with the sale an all utilities are in place. Build without the hassle of Sub-Division rules.

Last Agent to Sell the Property

Joanne Mc Cafferty

@properties Christie's International Real Estate License #471004932 Listed on: 09/20/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Fraz Haque

Property Economics, Inc. License #475155129

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,847

Lot Details

  • 1.11 Acre Lot
  • Lot Dimensions are 200 x 238
  • Property is zoned SINGL

Schools

  • Brook Forest Elementary School
  • Butler Junior High School
  • Hinsdale Central High School

Utilities

  • No Cooling
  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$4,847

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: Public Road
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Cooling: None
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal

Schools

  • Elementary School: Brook Forest Elementary School
  • High School: Hinsdale Central High School
  • Middle/Junior School: Butler Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.11
  • Lot Dimensions: 200 X 238
  • Zoning: SINGL
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 4847
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Oct 20, 2022
Sold by
Rocco Ronald R and Rocco Dominica
Bought by
Hussain Sulman and Hussain Inna
Seller's Agent
Joanne Mc Cafferty
@properties Christie's International Real Estate
Buyer's Agent
Fraz Haque
Property Economics, Inc.
List Price
$598,500
Sold Price
$612,500
Premium/Discount to List
$14,000
2.34%
Current Estimated Value
$823,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,500
Avg. Annual Appreciation
9.42%
Original Mortgage
$701,500
Interest Rate
6.02%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 21, 2010
Sold by
Jacobs John D and Burke John
Bought by
Castaldo Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2010
Sold by
Jacobs John D and Burke John
Bought by
Rocco Ronald and Rocco Dominica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2006
Sold by
Stewart Warren
Bought by
Jacobs John D and Burke John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2001
Sold by
New Edward H and Stella R New Trust
Bought by
Stewart Warren N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,500
Interest Rate
7.03%

Purchase Details

Closed on
Aug 1, 2001
Sold by
New Stella R
Bought by
New Edward H and Edward H New Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,500
Interest Rate
7.03%

Purchase Details

Closed on
Feb 1, 1996
Sold by
New Stella R
Bought by
New Stella R
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hussain Sulman $612,500 Stewart Title
Castaldo Nicholas -- Fidelity National Title
Rocco Ronald $915,000 Fidelity Natl Title Ins Co
Jacobs John D $925,000 Ticor
Stewart Warren N $446,000 First American Title Ins
New Edward H -- First American Title
New Stella R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hussain Sulman $701,500
Previous Owner Rocco Ronald $417,000
Previous Owner Jacobs John D $300,000
Previous Owner Stewart Warren N $334,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $612,500 -2.1% --
09/06/2022 09/06/22 Pending -- -- --
08/16/2022 08/16/22 Price Changed $625,900 +6.1% --
06/28/2022 06/28/22 Price Changed $589,700 -1.5% --
06/27/2022 06/27/22 For Sale $598,500 -2.3% --
06/20/2022 06/20/22 Off Market $612,500 -- --
09/20/2021 09/20/21 For Sale $598,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,820 $156,122 $156,122 --
2023 $5,573 $144,370 $144,370 $0
2022 $5,195 $138,780 $138,780 $0
2021 $4,965 $135,330 $135,330 $0
2020 $4,847 $132,360 $132,360 $0
2019 $4,614 $125,840 $125,840 $0
2018 $4,184 $119,120 $119,120 $0
2017 $3,922 $113,510 $113,510 $0
2016 $3,827 $106,930 $106,930 $0
2015 $3,780 $99,620 $99,620 $0
2014 $4,001 $101,910 $101,910 $0
2013 $3,968 $103,350 $103,350 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11224269

Midwest Real Estate Data (MRED)

APN: 06-36-200-075